Consolidated balance sheet

In CHF million	Note	31.12.2023	%	31.12.2022	%
Current assets
Cash and cash equivalents		2 336	20.7	2 153	18.2
Financial assets	11	1 237	10.9	1 287	10.9
Accounts receivable	10	1 976	17.5	2 130	18.1
Income tax receivable		67	0.6	95	0.8
Contract assets	15	841	7.4	921	7.8
Inventories	16	1 251	11.1	1 418	12.0
Prepaid expenses		116	1.0	105	0.9
Total current assets		7 824	69.2	8 109	68.7

Non-current assets
Property, plant, and equipment	17	867	7.7	962	8.2
Right-of-use assets	18	460	4.1	441	3.7
Intangible assets	19	1 395	12.3	1 457	12.3
Associates		22	0.1	25	0.2
Financial assets	11	427	3.8	487	4.1
Deferred taxes	21	291	2.6	305	2.6
Employee benefits	6	22	0.2	22	0.2
Total non-current assets		3 484	30.8	3 699	31.3
Total assets		11 308	100.0	11 808	100.0

In CHF million	Note	31.12.2023	%	31.12.2022	%
Liabilities
Current liabilities
Accounts payable	12	1 248	11.0	1 251	10.6
Financial debts	14	203	1.8	457	3.9
Lease liabilities	18	122	1.1	114	1.0
Income tax payable		155	1.4	159	1.3
Contract liabilities	15	2 548	22.5	2 805	23.8
Accrued expenses	13	1 096	9.7	1 197	10.1
Provisions	20	222	2.0	269	2.3
Total current liabilities		5 594	49.5	6 252	53.0

Non-current liabilities
Financial debts	14	48	0.4	167	1.4
Lease liabilities	18	326	2.9	306	2.6
Provisions	20	262	2.3	276	2.3
Deferred taxes	21	141	1.3	143	1.2
Employee benefits	6	229	2.0	219	1.9
Total non-current liabilities		1 006	8.9	1 111	9.4
Total liabilities		6 600	58.4	7 363	62.4

Equity
Share and participation capital	22	11	0.1	11	0.1
Share premium		311	2.8	311	2.6
Treasury shares	22	–39	–0.4	–54	–0.5
Exchange differences		–1 280	–11.3	–1 117	–9.5
Other reserves	22	–7	–0.1	–3	–
Retained earnings		5 608	49.6	5 183	43.9
Shareholders of Schindler Holding Ltd.		4 604	40.7	4 331	36.6
Non-controlling interests		104	0.9	114	1.0
Total equity		4 708	41.6	4 445	37.6
Total liabilities and equity		11 308	100.0	11 808	100.0